Like the ICO boom of 2017, DeFi plays to our desire to get rich fast without any responsibilities. Decentralized finance, in a nutshell, promises transparency and offers beneficial terms for borrowers. DeFi platforms are supposed to build an alternative financial system for offering/receiving loans, exchanging currencies, making payments, etc. There are no banks, brokers or […]
Continue Reading
Ethereum 2.0 will lose the first-mover advantage its first iteration had. How does it stack up against the extensive competition in 2020? After several years in development, Ethereum 2.0 is now more tantalizingly close than ever before. Despite a shaky start with the Medalla testnet, it seems that development is still on track. Prysmatic Labs […]
Continue Reading
Can MIT help the U.S. catch up to China in the CBDC race? The MIT Digital Currency Initiative, or DCI, is helping the federal reserve bank of Boston build a digital currency with the goal of scaling for consumer use. The DCI’s director Neha Narula told Cointelegraph: “We’re trying to build a high throughput, low latency […]
Continue Reading
With Bitcoin Cash appearing destined for another chain split this November, Bitcoin Cash Node believes it’s ready to spearhead the project. With the Bitcoin Cash community divided once again, supporters of alternative implementation ‘Bitcoin Cash Node’ now believe they have a majority of miners behind them. Supporters of Bitcoin Cash Node or BCHN have rejected […]
Continue Reading
The Ethereum ecosystem is now seeing the growth and adoption of ideas outlined more than five years ago, including many of the components of DeFi. Ethereum’s fifth anniversary from the mainnet launch is upon us, marking an important milestone in the long history of the first smart contract platform to reach significant adoption. Following the […]
Continue Reading
Pavillion Hub brings blockchain technology to the Steam gaming platform, and 22nd Century Racing Series is a worthy showcase of the possibilities this enables. As blockchain technology continues apace in its quest to infiltrate and improve the gaming sector, multiple platforms have been springing up to vy for your attention. Earlier this month Cointelegraph reported […]
Continue Reading
Malta is taking a more holistic approach to its digital economy, combining blockchain with other “niche sectors.” The Maltese government is continuing to break away from its once-prominent blockchain agenda, as it intends to take a more holistic approach toward digital economy development. In a recent interview with Cointelegraph, Kearon Bruno, chairman of Digital Economy […]
Continue Reading
BRD has added Hedera’s HBAR coin to its digital asset wallet, in addition to the project’s Blockset integration. BRD recently updated its wallet compatibility, allowing storage of Hedera Hashgraph’s HBAR coin. “In addition to the integration in the BRD consumer wallet, Hedera’s network data will be supported in BRD’s recently launched enterprise-grade blockchain data integration […]
Continue Reading
Norwegian seafood producers seek to prove high-quality and fully traceable fish products through blockchain despite the technology’s drawbacks. Imagine sitting down at your favorite restaurant and ordering a fresh filet of salmon, only to later discover that the “salmon” dish wasn’t actually salmon. As horrifying as it may sound, this scenario is actually quite common. […]
Continue Reading
As Germany shuts down all nuclear and coal-based energy production, blockchain is underpinning many renewable energy platforms. With Germany aiming to decommission all nuclear power generation in the country by 2022 and all coal-fired stations by 2038, myriad disparate renewable energy producers of various sizes are stepping up to meet demand. Distributed ledger technology is […]
Continue Reading